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February 12, 2016 4:32 PM ET

Metals and Mining

Company Overview of Wuhan Iron & Steel (Group) Corp.

Company Overview

Wuhan Iron & Steel (Group) Corp. produces iron and steel for mining, coking, steel-making, iron-making, rolling, and supporting auxiliary facilities. Its iron and steel products include hot-rolled coils, hot-rolled section steel, hot-rolled heavy rails, plate, cold-rolled coils, galvanized plates, cold-rolled oriented and non-oriented silicon steel sheets, color coated plate, high-speed wire rod. The company offers auto sheets for medium-grade and high-grade automobiles; high-performance structural steel and high-quality long products; steel products for bridges, pipelines, pressure vessels, and containers; cord thread, fire-resistance, and weathering steel; and steel products for electric e...

Changqian

Qingshan District

Wuhan,  430083

China

Founded in 1954

Phone:

86 27 8689 1000

Key Executives for Wuhan Iron & Steel (Group) Corp.

President and General Manager
Age: 63
Chief Accountant and Vice General Manager
Age: 60
Vice President and Vice General Manager
Age: 51
Vice President
Vice General Manager
Age: 59
Compensation as of Fiscal Year 2015.

Wuhan Iron & Steel (Group) Corp. Key Developments

Cliffs Reportedly Hires Advisors For Sale Of U.S. Coal And Australian Iron Ore Asset

Cliffs Natural Resources Inc. (NYSE:CLF) has retained three investment banks for the sale of U.S. coal and Australian iron ore asset. Two people familiar with the matter stated that Cliffs has hired Deutsche Bank to sell its coal assets in West Virginia and Alabama, Jefferies Group LLC for sale of Australian iron ore mines, and Moelis & Co. as strategic adviser on the overall process. Casablanca Capital LP has pushed the company to refocus on Cliffs' most profitable business segment, five iron-ore mines in Minnesota and Michigan, by either splitting itself up or divesting underperforming mines. The Australian assets could be worth up to $1 billion, according to one of the people familiar with the matter. Chinese steel companies are seen by Cliffs as one natural buyer. Firms including Wuhan Iron & Steel(Group) CORP. and Baosteel Group Corporation have shown an early interest. The interest is preliminary, the person said.

Wuhan Iron And Steel (Group) Corporation Provides Earnings Guidance for the First Half of 2014

Wuhan Iron And Steel (Group) Corporation predicts that it would gain more than CNY 90 billion income and CNY 800 million profits in the first half of the year 2014.

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